PEZESHKIAN told a Tehran event on Aug. 22 that members of Iran’s Supreme National Security Council view a previously reached memorandum of understanding with the US as the best outcome given dignity, prudence and national interest; the memo contains no clause indicating Iran surrendered or made concessions and related commitments fall on the other side. He said Iran should, rationally, extricate itself from the current 'neither-war-nor-peace' state because war or that limbo deters investment. He

2026-08-24

PEZESHKIAN told a Tehran event on Aug. 22 that members of Iran’s Supreme National Security Council view a previously reached memorandum of understanding with the US as the best outcome given dignity, prudence and national interest; the memo contains no clause indicating Iran surrendered or made concessions and related commitments fall on the other side. He said Iran should, rationally, extricate itself from the current 'neither-war-nor-peace' state because war or that limbo deters investment. He added the late Ali Khamenei had also said Iran must leave the 'neither-war-nor-peace' state, and that supreme leader Mojtaba Khamenei sets national policy and the government will continue to implement those policies.

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2026-08-23

A UK power plant was knocked offline by a cyberattack and remained out of production for four days. Officials, citing security, declined to name the facility but said it is relatively small and the outage did not affect UK-wide electricity supply or energy production; staff worked to restore operations. The incident coincided with last month’s series of attacks on US water infrastructure that affected 12 states and drew White House attention. The UK government has briefed power-company CEOs and

2026-08-23

US firms are stepping up acquisitions of European asset and wealth managers, lifting YTD deal value to over $14bn — the highest level since Dealogic began tracking in 1995. Buyers include rival fund groups, insurers and private equity; industry executives point to pressure from low-cost passive funds and rising regulatory and operating costs as increasing takeover risk for European managers, while private equity is actively acquiring wealth managers amid growing demand for financial advice.